As per the Notification withdrawn, new service tax rate of 12.36% is applicable.

And as per Rule 7 of POT Rules, 2007 in case of specified services, Point of Taxation is on receipt basis.

What shall be the effective rate of tax for the services provided by them & bills issued before 1st April, 2012 for which payment is still not received ? POT shall be after change in rate of tax....on receipt of pymt basis...
As on the original bills issued earlier Rate of Tax charged would be 10.3% ?

Old rate or new rate shall apply for the services provided before change in rate of tax & bills issued ?

If a service provider provides two types of services and he delays payment of service tax by 4 days then what would be penalty of Rs.100 per day u/s.76? Is it 4days X Rs.100 X 2 services = Rs.800/- or 4days X Rs.100 = Rs.400/-?
If its Rs.400/- then what would be accounting code for the penalty as there are different codes for penalties for different services.

i have a client who is providing Construction services. Till 31.03.2012 he recd 90% payment on the rate of 2.575%. Now the point is on remaining 10% payment he will charge ser tax @ 2.575% or new rate as per budget @3.09%. Please reply as soon as possible.

Trading activity is considered as exempted activity for service tax, however -

From financial year 2011-12 - for computation of service tax exemption turnover limit of 10 lacs - Trading activity figure is considered with service activity & service tax is applicable from the day the turnover figure (Trading + Service charges) crosses Rs.10 lacs. It is True ?

(As auditors from Excise dept.has raised the above point)

sir/ mam,

what is the last date of service tax payment & return filing for f.y. 2011-12.
(31/03/2012)

Hello,
Company is in india having business of software development and consultancy.
Registered with service tax department.
If company got a services from outside india,is there any DTAA and service tax rule applicable.?If yes,then what section i would refer.

I want to know what when a company which is trading in mobile its not some BIG service provider but thy received rent income which is more thn 10lakhs n that why thy are charging service tax on that.. i would like to know that can we get input tax credit frm services taxes paid on telephone bills , freight, professional bills???

Can commission agents operating in the travel space, - air, rail, bus etc. avoid payment of service tax by positioning themselves as traders (buyer & seller) instead of a pure agent.

A firm relected to only erection work & not dealing with supply.So,what is the service tax rate will applicable for this firm.As it is pay @10.3% in many cases.But in a certain case a company allow only 4.31% ST as that company deals with all supply & erection work.So,is it also applicable for the firm of 4.31% of service tax who is only amendented for erection work?

service tax applicability on purchase of flat.